YEARLY HIGH
825.8195 XOF
YEARLY LOW
749.8402 XOF
YEARLY AVERAGE
782.4181 XOF

2021 JOD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 825.8195. Conversely, the yearly low was recorded on January 6, dropping to 749.8402.

This high-to-low spread represents a total annual volatility of 75.9792 XOF. From a start-to-finish perspective, comparing the January average rate of 760.4692 to the December average rate of 818.3591, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 825.8195 was down 4.89% compared to the 2020 peak of 868.2985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 4,129,097 XOF
2020 Average 4,056,778 XOF
Yearly Trough Low 3,749,201 XOF
Transaction Impact: A difference of 379,896.19 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

824.1480
754.6802
JanuMarcMayJulySeptNove

JOD to XOF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 767.8536, compared to 796.9826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.1290 points.

H1 Avg (Jan–Jun) 767.8536
H2 Avg (Jul–Dec) 796.9826

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 29.2718 XOF (High: 825.8195 / Low: 796.5477). On the other end, July was the most stable month, with a tight range of 7.9446 XOF (High: 785.9677 / Low: 778.0231).

November Spread (Volatile) ±29.2718
July Spread (Stable) ±7.9446

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 11.7856 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.7856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 811.3318) against the same month in 2020 (average: 781.0157), the exchange rate shifted by +30.3161 (+3.88%).

2021 Avg (November) 811.3318
2020 Avg (November) 781.0157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 766.7399 749.8402 760.4692
February 773.0856 760.2197 765.1124
March 789.1959 765.5626 777.5661
April 786.7698 762.4459 773.4772
May 770.4928 755.3465 761.6916
June 780.1882 757.2631 768.8050
July 785.9677 778.0231 782.2829
August 792.3150 779.1613 786.0914
September 799.3315 778.9606 786.0444
October 802.3446 791.9507 797.7862
November 825.8195 796.5477 811.3318
December 823.3673 813.1962 818.3591